Calculate the following trade discounts and trade discount rates. Round answers to the nearest tenth of a percent. List Price Trade Discount Trade Discount Rate Net Price La Bella, a chain of clothing boutiques, purchased merchandise with a total list price of $25,450 from Sandy Sport, a manufacturer. The order has a trade discount of 34% . a. What is the amount of the trade discount? b. What is the net amount LaBella owes Sandy Sport for the merchandise?

BuyFind

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
Publisher: Cengage Learning
ISBN: 9781305585447
BuyFind

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
Publisher: Cengage Learning
ISBN: 9781305585447

Solutions

Chapter
Section
Chapter 7.II, Problem 21RE
Textbook Problem

Calculate the following trade discounts and trade discount rates. Round answers to the nearest tenth of a percent.

List Price Trade Discount Trade Discount Rate Net Price

La Bella, a chain of clothing boutiques, purchased merchandise with a total list price of $25,450 from Sandy Sport, a manufacturer. The order has a trade discount of 34% .

a. What is the amount of the trade discount?

b. What is the net amount LaBella owes Sandy Sport for the merchandise?

Expert Solution

Want to see the full answer?

Check out a sample textbook solution.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times vary by subject and question complexity. Median response time is 34 minutes and may be longer for new subjects.

Chapter 7 Solutions

Contemporary Mathematics for Business & Consumers
Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.I - Using the Panorama Products invoice below, extend...Ch. 7.II - Gifts Galore, a retail gift shop, buys merchandise...Ch. 7.II - Central Hardware Store bought paint supplies...Ch. 7.II - Wilson Sporting Goods recently sold tennis rackets...Ch. 7.II - Calculate the following trade discounts. Round all...Ch. 7.II - Calculate the following trade discounts. Round all...Ch. 7.II - Calculate the following trade discounts. Round all...Ch. 7.II - Calculate the following trade discounts. Round all...Ch. 7.II - Calculate the following trade discounts. Round all...Ch. 7.II - 6. Calculate the following trade discounts and net...Ch. 7.II - Calculate the following trade discounts and net...Ch. 7.II - Calculate the following trade discounts and net...Ch. 7.II - Calculate the following trade discounts and net...Ch. 7.II - Calculate the following net price factors and net...Ch. 7.II - Calculate the following net price factors and net...Ch. 7.II - Calculate the following net price factors and net...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.II - Calculate the following trade discounts and trade...Ch. 7.III - Northwest Publishers sold an order of books to The...Ch. 7.III - Something's Fishy, a pet shop, always gels a...Ch. 7.III - The Rainbow Appliance Center purchased an order of...Ch. 7.III - Calculate the following net price factors and net...Ch. 7.III - Calculate the following net price factors and net...Ch. 7.III - Calculate the following net price factors and net...Ch. 7.III - Calculate the following net price factors and net...Ch. 7.III - Calculate the following net price factors and net...Ch. 7.III - Calculate the following net price factors and net...Ch. 7.III - Calculate the following net price factors and...Ch. 7.III - Calculate the following net price factors and...Ch. 7.III - Calculate the following net price factors and...Ch. 7.III - Calculate the following net price factors and...Ch. 7.III - Calculate the following net price factors and...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.III - Complete the following table. Round net price...Ch. 7.IV - Valiant Plumbing ordered sinks from a supplier....Ch. 7.IV - All Pro Sports Center purchases $45,300 in...Ch. 7.IV - If an invoice dated September 12 is due in 60...Ch. 7.IV - Great Impressions Printing buys ink and paper from...Ch. 7.IV - As the accounts receivable manager for River Bend...Ch. 7.IV - What are the discount date and the net date of an...Ch. 7.IV - What are the discount date and the net date of an...Ch. 7.IV - Calculate the cash discount and the net amount due...Ch. 7.IV - Calculate the cash discount and the net amount due...Ch. 7.IV - Calculate the cash discount and the net amount due...Ch. 7.IV - Calculate the cash discount and the net amount due...Ch. 7.IV - Calculate the cash discount and the net amount due...Ch. 7.IV - For the following transactions, calculate the...Ch. 7.IV - For the following transactions, calculate the...Ch. 7.IV - For the following transactions, calculate the...Ch. 7.IV - For the following transactions, calculate the...Ch. 7.IV - Using the ordinary dating method, calculate the...Ch. 7.IV - Using the ordinary dating method, calculate the...Ch. 7.IV - Using the ordinary dating method, calculate the...Ch. 7.IV - Using the ordinary dating method, calculate the...Ch. 7.IV - Using the ordinary dating method, calculate the...Ch. 7.IV - Using the EOM, ROG, and Extra dating methods,...Ch. 7.IV - Using the EOM, ROG, and Extra dating methods,...Ch. 7.IV - Using the EOM, ROG, and Extra dating methods,...Ch. 7.IV - Using the EOM, ROG, and Extra dating methods,...Ch. 7.IV - Using the EOM, ROG, and Extra dating methods,...Ch. 7.IV - Using the EOM, ROG, and Extra dating methods,...Ch. 7.IV - 21. The Apollo Company received an invoice from a...Ch. 7.IV - An invoice is dated August 21 with terms of 4/18...Ch. 7.IV - An invoice dated January 15 has terms of 3/20 ROG....Ch. 7.IV - 24. What payment should be made on an invoice in...Ch. 7.IV - 25. Red Tag Furniture received a SeaLand container...Ch. 7.IV - 26. City Cellular purchased $28,900 in cell phones...Ch. 7 - 1. The document detailing a sales transaction is...Ch. 7 - F.O.B. shipping point and F.O.B. destination are...Ch. 7 - 3. To extend an invoice, for each line, we...Ch. 7 - 4. To calculate the amount of a single trade...Ch. 7 - 5. The _____ price is the amount a business...Ch. 7 - 6. To calculate the net price factor, we subtract...Ch. 7 - Write the formula for the trade discount rate....Ch. 7 - In a chain or of trade discounts, we calculate the...Ch. 7 - 9. As a shortcut, we can use the net price _____...Ch. 7 - To calculate the net price factor, we subtract...Ch. 7 - A single trade discount that equates to all the...Ch. 7 - The ______ of sale specify when an invoice must be...Ch. 7 - To calculate the credit given for a partial...Ch. 7 - 14. The most common method for dating an invoice...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...Ch. 7 - Answer the following questions based on the...

Additional Math Textbook Solutions

Find more solutions based on key concepts
If f is continuous on [0, 1], prove that 01f(x)dx=01f(1x)dx

Single Variable Calculus: Early Transcendentals, Volume I

In Exercises 4143, find the distance between the two points. 41. (2, 3) and (1, 7)

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

Prove that limx0x4cos2x=0.

Single Variable Calculus

In Problems 1-22, solve each equation. Give answers correct to three decimal places in Problems 1-12. 7.

Mathematical Applications for the Management, Life, and Social Sciences

Convert the expressions in Exercises 6584 to power form. xx

Finite Mathematics and Applied Calculus (MindTap Course List)

Change 125 mm to cm.

Elementary Technical Mathematics

True or False: is a convergent series.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

Graph the solution set of {x+y2x-2y2

College Algebra (MindTap Course List)

In Problems 1-18 solve each differential equation by variation of parameters. 7. y y = cosh x

A First Course in Differential Equations with Modeling Applications (MindTap Course List)

A Ramp A ramp runs from the ground level to a building entrance that is 3 feet high and 12 feet from the base o...

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

40. Twelve homemakers were asked to estimate the retail selling price of two models of refrigerators. Their est...

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)